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Best Forex EA. Searching for The Best Forex EA Around. Catching Up. After being on a ‘low profile’ things really change isn’t it? I was looking at my blog and was thinking of doing some house keeping. Links, plugins, banners etc etc… So out of date in just a few months… Technology really moves fast. Anyway… one of the first links that I put up was 4xproject.com. Seems like they have also closed shop for good. So sad… it has become a slum site for advertising… Even botfarm.com a guy who was toying with bots for both forex and casino kind of made that site to a parking site… Brit. Where are you. His latest post was dated 19 February 2013… Forex EA is dead. Not dead yet as long as I can help it!! Just Dragging My Feet. I know I should be doing something with my forex activity, but I can’t seem to find the motivation anymore since my last post in March 2013. Wow! Has it been that long? While frustrated and sad, it seems that the my interest with forex EA has kind of took a ‘chilled out mode’. I currently have 2 EA running on my account at the moment without much interferences but much can be said for the return I am getting. I have removed 3 other EA and am still contemplating on what to do next. Much can still be done I suppose but just feeling unmotivated. However, recently I took a glimpse at my account performance and this seems to have put some light in me. Still don’t know what to do next… But.. hey… looking at this just brighten up my mood a bit. Hard Reset II. My… how time flies. It’s been a while since I twiddle in forex EA. However, while I am down, I am not out. Hmmm… I think in my case, I am out but not down. Maybe slightly down. Just wanted to say that I have been away coz I had to prioritizing my life a bit. Kids, work, home, etc etc etc. All my other escapades even my own hobby had to take a back seat. Now that I am completed some of my work and have some spare time, thought maybe I catch up with forex EA again. While I did not turn off my EA, I actually let my EA run since August last year till March this year. So it was actually 7 months away leaving my forex EA to run without much interferences. If going by some of the marketing gimmick of forex EA, I should be like a gazillion-aire by now. But alas, that didn’t happen to me. During my time out… I had 5 accounts running live without me monitoring or touching the settings. I just let it run it’s course and see where it takes me. FXOpen – Lovely Megan Alpari 1 – Primeval Alpari 2 – EA Kain Pepperstone 1 – Scalper Pro Pepperstone 2 – EAKain & Hyper. I have yet to really updated most of these account on myfxbook to see how I fair. But safe to say I have been hovering around the same level that I was 7 months ago with the exception of Lovely Megan. That account finally died on me and it took like 4 years to do it. After 7 months away, I think it is again about time I do another hard reset on not only on my account but also my blog site. I probably need to remove certain features from my site and probably see what else I can continue to share on my blog. I had a look at my previous post in June 2011 when I hard reset the first time [http://bestforexea.com/2011/06/hard-reset/]… being all philosophical and such in that post which in some case prove to be true when I said that hard work is the way forward. Leaving my account with only 5% of my attention does not breed success. Anyone who has the though that making money without effort are just plain ignorant. Anyway, they say trading forex is a journey and you never quite reach your destination until you reached your goal. My goal is still far away… and so I hard reset myself for the second time and continue on. EAKain Scalper Pro. Coming back to EAKain, after some episode with EAKain on my blog some 2 year plus ago… I thought I revisited some of the sites to see what was happening to EAKain. I mean, it was an interesting EA but due to some bad publicity which I have to admit causing some of it. Call me an old fool, but times changed and circumstances changed. Previously, I have actually done some test between Primeval and EAKain. And just recently, I again tested both these EA out. Why I revisited these old EA? Well… probably because I did not really tried it properly on an ECN account. I mean they say that scalping EA works best on ECN account. Having said that, I am not sure if Pepperstone Razor is a ‘full’ ECN account because in the past, to open a ECN account you need big capital. And of course at that time, poor little old me does not really have that much money to toy around with. Pepperstone Razor had a very low entry requirement of just $200. I guess as time goes as more and more broker starts to pop up into the market to attract retail forex traders, and these brokers try to out do themselves by offering different account type while lowering certain requirement. Spread become tighter, 4 digits become 5 digits tick, micro account and even now nano account seems to exist. While I believe I have digressed here, the point I wanted to put forward was that, I did not have the avenue to really see if those two EA work on an ECN account. But now it seems logical for me to test it out now with the lower requirement of Pepperstone Razor account. Anywayzz… back to the story I wanted to tell. As I was doing a search for EAKain. I found that the site no longer exist. It is now a parked domain and even forexpeacearmy has said that BestEAForex.com has ended testing and the sales of the EA. I did some searching and I discover something interesting… Apparently there is someone selling it and there were two new versions. 1.05 and 1.06. (I am using version 1.04) After checking with REGNOW apparently this company FXBanking Inc (www.olykit.com) is actually selling EAKain at US397. It also seems like that guy has a wide portfolio of products. Take a closer look and you might see that some of these EA are actually old products that were actively sold or marketing like there was no tomorrow. If you dig a bit further, you will see that this guy is taking old product and selling it for it’s own. (One of his product portfolio was CloveriX) Then again… It could be the same guy who produce all these interesting EA. With the internet you never know…but highly unlikely. I guess since the owner never complain to RegNow for infringement of copyright. I guess he is free to do with whatever he wants. Anyway, if anyone is interested in EAKain Scalper Pro, just do a simple search and you can still easily find this EA available free for download. Here is another interesting part. His website is much more popular than mine. This Alexa ranking is like 620k while mine is 1,200k. Which goes to show that his site has a lot of traffic and probably does make some interesting sales. But……… I guess his target market are suckers… Hyperly Kain. Don’t know if I will jinks this account… but these sort of milestone which I thought would be nice to share. Early this year, I tested out Hyper EA (http://bestforexea.com/2012/01/hyper-hyper-hyper/). Now this EA is pretty slow and it only takes like 3 trades a month or so. Furthermore, this EA was provided free to me and it was only confine to only one currency pair which was EURCAD. (Note: The price has changed from CHF199 to USD99) Anyway, below is the snap shot of my account: Apart from the initial hiccup, which was due to the time correction change, Hyper EA seems to be doing relatively well. Since that day of that writing/post. this EA developer has really grew a wide range of services apart from selling his EA. Now there is Hyper EA Pro (USD149) which trades up to 7 currency pair. Plus he has all these services like managed account, trading signal all that… Pretty enterprising… Anyway, because it was like moving like a snail, I thought it would a good idea to test out some other scalping EA. However, going by the principle then that I was going to think big and trading small, I tested Primeval and EAKain on only EURUSD sometime around March 2012. As you can see, that created a ding dong on my account. But the clear winner from that race was EAKain. Before I continue further, EAKain was base on MegaDroid EA which apparently is still in the market was build base on EURUSD. (By the way this EA is now selling for USD67). So there is no wonder that EAKain was doing better than the other two EA. With that in mind, I started to put EAKain full time. On top of that, I continue to start small and put it on EURGBP and USDJPY. However, recently I did some research and found out that not only EAKain work better on USDCAD, USDCHF and USDJPY. At this point in time, I am still contemplating on whether I should add this two currency pair of USDCAD, USDCHF. This goes against the principle that I have set for myself. To trade small and to only focus on a maximum of 4 currency pair. History seems to repeat itself for my account that when I start to be a bit more ambitious with account… it starts to take a dip. Hmm… maybe I should half my trade size to accommodate these two new currency pair… Same risk, but profit might be reduced. Maybe one step at a time or rather one currency pair at a time. I should maybe put USDCAD for about a month or so and see how well it works. I might regret doing this, but probably I might regret it more NOT doing this… Anyway… if you are interested to continue to track this account… just click on the graph. 2% monthly is not bad I guess… Think Big… Trade Small… ?? 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